OTC Markets Group will display a “Penny Stock Exempt” flag on www.otcmarkets.com for securities traded on the OTCQX or OTCQB markets that are exempt from the penny stock definition under SEC Rule 3a51-1 because they meet one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years. See: SEC Rule 3a51-1 - Definition of a Penny Stock
Don't let Rahkus scam you out of you money... this Rite scam is just a well played ( and played out scam) scam. Rahkus can't show anyone here the 'assets are real'... LOL actually LMFAO at these scammers... and pumpers... they pump up falsehoods... so No, the assets are not real... there is no lease on Skull Valley... just too funny and too scammy... It has been 8 months now and this scam won't produce any lease details too funny... rite was always a scam...and is now a 'productive' scam..... but still a scam...with no land... no mining equipment and no employees... lol.. the ride is slowly coming to an end bag holders and all.
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